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Chinese Official Reassures Foreign Firms over Equal Treatment

2017/10/12

China's Ministry of Commerce has reassured overseas businesses that they will always receive equal treatment in the Chinese market. MOC spokesperson Gao Feng said there would be no discrimination in Chinese industrial policies, at a press conference recently. A State Council document in January highlighted that all businesses participating in "Made in China 2025," the country's manufacturing improvement plan, would receive equal treatment.
The remarks came one day after US Commerce Secretary Wilbur Ross criticized China's subsidies on the production of robots and electric cars. The Chinese government has announced a timetable to withdraw subsidies step by step and promised to reduce restrictions for foreign investment to access the manufacturing of new energy vehicles (NEVs).

Source: SIPO




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